VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 16, 2011) - China Gold International Resources Corp. Ltd. (News - Market indicators)(SEHK:2099) (the "Company") would like to announce that the Company has grown beyond and been retired from the S&P Small Cap and the Equity Small Cap Indexes due to the growth of and size of the market capitalization of the Company. The Company's market capital now exceeds 1.5 billion on average on a month to month basis which makes it too large for the small cap indexes. The Company remains in other index constituencies, most notably the S&P/TSX Composite and the S&P/TSX Global Gold Indexes.
The Company continues to deliver on its organic growth plan and will continue to update the market on developments at both of its mining operations Jiama and CSH. The Company expects to release a NI 43-101 compliant resource update at its CSH mine in the first quarter of 2012. The Company also expects to release a NI 43-101 compliant independent technical report that will describe further resource and production expansions at its Jiama Copper Gold Project also before the end of the year 2011.
About China Gold International Resources Corp. Ltd.:
The Company is a mineral development company focused on acquisitions, exploration, development, mining and processing of gold and other non-ferrous metals. The Company is listed on the Toronto Stock Exchange (News - Market indicators) and the Main Board of the Stock Exchange of Hong Kong Limited (SEHK:2099). The Company has been designated as the overseas flagship vehicle of China National Gold, the only gold producer in China directly controlled by the State-owned Assets Supervision and Administration Commission of the State Council.
Forward-looking statements
Certain statements made herein, and other statements relating to matters that are not historical facts and statements of our beliefs, intentions and expectations about developments, results and events which will or may occur in the future, constitute "forward-looking information" within the meaning of applicable securities legislation. Forward-looking information and statements are typically identified by words such as "anticipate", "could", "should", "expect", "seek", "may", "intend", "likely", "plan", "estimate", "will", "believe" and similar expressions suggesting future outcomes or statements regarding an outlook. All such forward-looking information and statements are based on certain assumptions and analysis made by China Gold International Resources Corp. Ltd.'s management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. These statements, however, are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking informaion or statements. Important factors that could cause actual results to differ from these forward-looking statements include those described under the heading "Risks and Uncertainties" elsewhere in the Company's MD&A filed at www.SEDAR.com. The reader is cautioned not to place undue reliance on forward-looking information or statements. Except as required by law the Company does not assume the obligation to revise or update these forward looking statements after the date of this document or to revise them to reflect the occurrence of future, unanticipated events.
